Data centers associated with AI will need "enormous ... "sustained" demand for its Aladdin platform offerings, according to a statement. Over the long term, BlackRock is committed to low- to ...

It’s like your doctor saying, “we're going to give you an MRI, but on 60 percent of your body. I hope the other 40 percent is ...

In BlackRock's last earnings call, CEO Larry Fink compared Aladdin - the widely used risk ... Goldstein said the AI lab started its work roughly 18 months ago with the goal of "finding more ...

Royal London Asset Management (RLAM) has adopted BlackRock’s Aladdin platform, which HSBC will leverage to manage the fund manager’s middle office. HSBC’s securities services business service RLAM’s ...

Shares Bitcoin Trust (IBIT) now exceeds $33 billion in net assets, surpassing iShares Gold Trust (IAU), which holds just shy ...

In Larry Fink's eyes, Aladdin isn't so different from a startup run out of a garage, funded by family and friends. BlackRock, the world's largest asset manager with more than $7 trillion in assets ...

BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...

"Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity," said BlackRock CEO Larry Fink in a statement.

And Aladdin ... power of BlackRock and GIP together. Our partnership with Microsoft and MGX. It aims to realize the enormous investment potential of infrastructure to support AI innovation ...

(Reuters) - Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to the booming market for artificial intelligence.

New tools are helping developers plug their apps into different AI models. Data suggests the developers are increasingly ...

BlackRock (BLK), the world's largest asset manager, announced late Sunday that it will buy U.K.-based private markets data provider Preqin for approximately $3.2 billion in cash. BlackRock's ...